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Stocks Languish at Start of Busy Week, Oil Drops: Markets Wrap

  • European shares decline; gold rises, while base metals fall
  • Dollar gains as focus shifts to taxes, economy; euro drops
Bloomberg business news
Todd Colvin of Ambrosino Brothers discusses oil prices leading up to the OPEC meeting.Source: Bloomberg
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U.S. equities ended Monday little changed as declining oil prices pulled down energy stocks at the start of a busy news week.

West Texas Intermediate crude slipped after U.S. drillers expanded operations while OPEC and Russia prepare to discuss longer supply curbs. The S&P 500 Index fell less than 0.05 percent, giving up early gains, as companies including Marathon Oil Corp. and Newfield Exploration Co. dropped.